Legendary hedge fund manager Bill Fleckenstein trashed Warren Buffett and Charlie Munger for their stance on gold in an interview with King World News.
Fleckenstein railed against Buffett's assertions that gold bugs "want people to be as afraid as they are" and Munger's arguments that "civilized people don't buy gold":
“They’ve got a lot of these levered financial entities, and that’s helped them.
Fleckenstein Capital's Bill Fleckenstein warned about inflation in a radio interview with King World News. And he took the opportunity to rail against post-Greenspan fiscal policy. Fleckenstein says the Fed has to admit it caused th... Read Post
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My guest on Hedge Fund Radio this week is the legendary hedge fund manager Bill Fleckenstein, president of Fleckenstein Capital, based in Seattle, Washington. Bill graduated from the University of Washington with a major in Mathemat... Read Post